PEN 1.05% 9.4¢ peninsula energy limited

time to cut losses

  1. 5,980 Posts.
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    Two stocks I punted in the uranium space are PEN and ACB .

    Both have some cash , around 18 months left at current spend , but I cannot see how at such an early exploration stage , and in harsh locations, that these Uranium explorers are going to be able to be able to raise money to survive

    Both still have a significant premium over cash in their market cap , and in my opinion are worth PEN sub 2c , and ACB sub 10c

    I sold and took my loss
 
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